https://www.taxtmi.com/caselaws?id=273566 The Tribunal allowed the appeal of the cooperative society, directing the AO to grant the deduction for amounts paid towards the provident fund established under the Gujarat Cooperative Societies Act. The Tribunal considered the fund at par with recognized funds under the Income Tax Act and the Employees' Provident Fund Act, emphasizing compliance with relevant provisions and past assessment years. The appellant's contributions to the fund were deemed eligible for deduction, overturning the disallowance decision by the AO and CIT (A). en-us Thu, 01 Jun 2017 00:00:00 +0530 Mon, 02 Jul 2018 20:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273566 The Tribunal allowed the appeal of the cooperative society, directing the AO to grant the deduction for amounts paid towards the provident fund established under the Gujarat Cooperative Societies Act. The Tribunal considered the fund at par with recognized funds under the Income Tax Act and the Employees' Provident Fund Act, emphasizing compliance with relevant provisions and past assessment years. The appellant's contributions to the fund were deemed eligible for deduction, overturning the disallowance decision by the AO and CIT (A). Case-Laws Income Tax Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273566